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Home > Forum > Chennai > Real estate News > What is the post recession effect on real estate sector?

What is the post recession effect on real estate sector?

Q: How did the recession between 2007-2010 hit the real estate market in India?

post recession effect on real estate sector
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Mumbai, Pune, Delhi market got less hit by the recession effect. Bangalore slowly recovered post recession because most of the property buyers here are IT professionals. Buyers in Bangalore knew what is happening around the globe and they knew the risk. Delhi and Mumbai have more of businessmen, so got less hit by recession.
Srinivas


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